U.K. Surgical Pledgets Market Size to Reach US$27.5 Mn by 2034, Driven by Rising Cardiovascular Disorders and Expanding Geriatric Population – Latest Report by Transparency Market Research Inc.
Globenewswire·2025-02-27 14:55

Core Insights - The U.K. surgical pledgets market is projected to grow significantly, driven by advancements in surgical technologies and increased healthcare infrastructure investments [1][2][3] Market Overview - The market was valued at approximately US$15.3 million in 2023 and is expected to exceed US$27.5 million by 2034, with a CAGR of 5.5% from 2024 to 2034 [2][16][24] - Surgical pledgets are critical in enhancing surgical repairs by distributing load and reducing tissue tear risks, particularly in cardiovascular, general, and orthopedic surgeries [3][9][10] Key Market Drivers - The rising prevalence of cardiovascular disorders, affecting nearly 7.6 million individuals in the U.K., is a significant driver for the demand for surgical pledgets [7][11] - The geriatric population is growing, with over 11 million individuals aged 65 and above in England and Wales as of 2021, increasing the need for effective surgical interventions [12] - Continuous advancements in surgical technologies and product innovations are enhancing the safety and effectiveness of surgical pledgets [8][13] Competitive Landscape - Key players in the U.K. surgical pledgets market include Becton, Dickinson, and Company (BD), Medtronic plc, B. Braun Melsungen AG, and Ethicon, Inc. [4][27] - Companies are engaging in strategic partnerships and technological advancements to strengthen their market positions [4][8] Recent Developments - B. Braun entered an agreement with IDENTI Medical to enhance surgical sutures inventory management [5] - Ethicon launched antibacterial sutures that reduce surgical site infections by 30% [5] - DeRoyal Industries collaborated with researchers to innovate compression wound care therapy [6] Market Segmentation - The market is segmented by application, with cardiovascular surgeries being the largest segment due to the high number of heart-related surgeries performed annually [21] - Material types include Teflon and polyester surgical pledgets, with Teflon known for durability and biocompatibility [21] Future Outlook - The market is expected to grow steadily, driven by the increasing number of surgeries, technological advancements, and an aging population [21][22]